It is is a decade since I acquired my home in Welwyn Garden City. Conveyancing lawyers have just been retained on the sale but I am unable to find my title documents. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be retained by the mortgage company or they could be archived with the conveyancers who acted in your purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Nearly all conveyancing in Welwyn Garden City involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is resolvable.
Is it necessary during the course of the conveyancing process to attend the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Welwyn Garden City so that I can attend their offices if required.
Most approved lawyers for lenders undertake their communications through Royal Mail, internet or over phone calls. This enables them to conduct the conveyancing transaction regardless of where you live in the country. Nevertheless you should check if you can still book an appointment to visit conveyancing lawyer if just in case this is required.
We are due to move house in March. Should my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you put forward a removal company in Welwyn Garden City. Conveyancing firm was chosen prior to coming across this site.
On the afternoon of completion you will need to pick up the house keys from your estate agent however this can only occur when the sellers solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be released. Subsequently you should advise the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal organisation but can help you choose a conveyancing in Welwyn Garden City or a lawyer that specialises in conveyancing in Welwyn Garden City.
I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Welwyn Garden City property lawyer on the Nationwide panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nationwide mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nationwide mortgage from the register. Nationwide, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nationwide has sent the Land Registry the discharge electronically, and
- Nationwide has instructed the Land Registry to do so
Leeds Building Society have agreed my home loan in principle, my offer on a flat in Welwyn Garden City has been agreed to, what happens next?
The property agent will want to know who your solicitors are (ensure that the lawyers are on the bank’s approved list). Call up Leeds Building Society or your broker and complete any outstanding documentation. Leeds Building Society will instruct a valuer who will get in touch with the estate agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. Leeds Building Society will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Welwyn Garden City.
Due to the encouragement of my in-laws I had a survey completed on a house in Welwyn Garden City in advance of appointing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies may not give a mortgage on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. If you contact us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Welwyn Garden City. Conveyancing may be slightly more expensive based on your lender's requirements.
I today plan to offer on a house that seems to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Welwyn Garden City. Conveyancing advisers have not yet been instructed. Will they explain the issues?
Most houses in Welwyn Garden City are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Welwyn Garden City in which case you should be looking for a Welwyn Garden City conveyancing solicitor and be sure that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as requiring the landlord’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the estate where the house is located on an estate. Your lawyer will appraise you on the various issues.
Leasehold Conveyancing in Welwyn Garden City - Examples of Questions you should consider Prior to Purchasing
Does the lease have more than 82 years remaining? Best to be warned if fixing the lift or some other significant cost is pending that will be shared by the leasehold owners and may well dramatically impact the level of the maintenance charges or necessitate a specific invoice. Is anyone aware of any major works in the near future that will add a premium to the maintenance charges?